PAYMENT OF INTERIM DIVIDEND FOR THE FISCAL YEAR 2014 AND DISTRIBUTION OF TAX EXEMPT RESERVES
OPAP S.A. announces to its shareholders that, according to par. 4.1.3.4. of the Athens Exchange Regulation, the 9th Extraordinary General Assembly of its Shareholders, on December 18th, 2014 decided upon the distribution of the Company's tax exempt reserves of a net amount of €9,039,347.64 i.e. €0.0283 per share, in accordance with the provisions of article 72 of Law 4172/2013, as in force.
Moreover, the General Meeting was informed on the Board of Directors' decision to distribute a gross amount of €64,330,652.36 i.e. €0.2017 per share, as interim dividend for the fiscal year 2014.
The interim dividend of the amount of €0.2017 per share is subject to 10% withholding tax in accordance to L. 4110/2013, i.e. €0.02017 per share, and therefore the net payable amount to the shareholders is €0.1815 per share. The latter, along with the additional amount of €0.0283 per share related to the distribution of tax exempt reserves, result to a combined payment of a total net amount of €0.2098 per share.
|
€ per share |
Gross amount |
Withholding tax |
Net amount |
|
Tax exempt reserves |
0.0283 |
0 |
0.0283 |
|
FY 2014 interim dividend |
0.2017 |
0.02017 |
0.1815 |
|
TOTAL |
0.23 |
0.02017 |
0.2098 |
OPAP's registered Shareholders on Tuesday, 13.01.2015 (record-date) are eligible to receive the payment . The cutoff date will be Monday, 12.01.2015. The payment to entitled Shareholders commences on Monday, January 19th, 2015 and will be processed through the National Bank of Greece, as follows:
1. Via the entitled shareholder's Dematerialized Security System's Operators (Banks, Custodians and Securities firms), according to Articles 4.1.3.4. of the ATHEX Regulation and article 39 of the Operations Regulation of the Central Securities Depository.
2. Via the National Bank of Greece branch network, for those of the Shareholders who have requested to be exempted from their Account Operator to the Dematerialized Securities System or whose shares are kept in their special investor's account.
3. Shareholders, who, for any reason, are unable to collect their dividend through their Account Operator, will be able to collect it through the National Bank of Greece branch network starting on January 26th, 2015.
Dividend collection for the abovementioned cases 2 and 3 will be possible either in person or by proxy until January 18th, 2016 upon notification of Investors' Account Code Account Number of the Dematerialized Security System and proof of Identity. Following the expiration of the abovementioned date (January 19th, 2016), the dividend payment will be paid only at the company's offices (62, Kifissou Avenue, 121 32, Peristeri-Athens). For any further information, shareholders are requested to directly contact the Company's Investor Relations Division, tel.: +30 210 5798930.
Dividends not collected within a period of five (5) years will be written off and will be reimbursed to the Hellenic Republic.
ATHENS, 18.12.2014
OPAP S.A.